Spain:
Compassion

12 November 2012

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We need to change the law on mortgages.

Right! We must add a paragraph according to which suicide does not exempt anyone from the obligation to pay...

The Association of Spanish banks has announced a two-year moratorium on expulsion procedures for clients who can not pay their mortgage "in cases of extreme necessity." The move comes after a 53 year old woman from Barakaldo in the Basque country committed suicide as bailiffs came to seize her apartment.